Shishu, Kishore and Tarun are associated with

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

‘Shishu’, ‘Kishore’ and ‘Tarun’ are associated with

A	SBI
B	RESERVE BANK
C	IDBI
D	MUDRA BANK

Explanation:

Detailed explanation-1: -The correct answer is Pradhan Mantri Mudra Yojana. The Pradhan Mantri Mudra Yojana aims to enable the following financial companies and banks to provide Low Rate Loans to eligible entities.

Detailed explanation-2: -Pradhan Mantri MUDRA Yojana (PMMY) Shishu : covering loans upto 50, 000/-Kishor : covering loans above 50, 000/-and upto 5 lakh. Tarun : covering loans above 5 lakh and upto 10 lakh.

Detailed explanation-3: -Micro Units Development and Refinance Agency (MUDRA) Ltd. Bank was launched on 8 April, 2015 as a subsidiary of SIDBI.

Detailed explanation-4: -Given as a part of the Pradhan Mantri Mudra Yojana, the Mudra Tarun loan can help you secure funding of anywhere between ₹5 to ₹10 lakhs. You can use this money to set up a new business, expand your operations or even meet heavy working capital requirements.

Detailed explanation-5: -MUDRA was launched by the Hon’ble Prime Minister Shri Narendra Modi on 08 April 2015 at a function held at Vigyan Bhawan, New Delhi. 2015-16

There is 1 question to complete.